Belgium's BEL 20 recovers from last week's losses

Belgium's BEL 20 recovers from last week's losses

Wall Street opened higher on Tuesday, and this should consolidate the progress of the BEL 20 and its European neighbors, with Belgium's benchmark index finally regaining 1.05% at 3,790.11 points, with 17 of its major stocks in the green.

Galapagos (55.42) and Aperam (27.51) were in the lead with jumps of 3.36% and 3.23% respectively. Solvay (82.86) and UCB (85.04) were worth 2.17% and 0.35% more than the previous day, while arGEN-X (367.80) gained 0.99%.

KBC (50.00) and Ageas (41.83) went up by 1.61% and 0.87% respectively, AB InBev (54.78) and Colruyt (27.54) moved up by 0.62% and 0.44%, Aedifica (95.55) and Cofinimmo (106.60) rose by 2.03% and 2.21%, VGP (159.40) and WDP (30.44) by 2.31% and 1.06% while Elia, (147.10) and Sofina (205.60) were down by 0.34% and 0.39% along with Proximus (13.85), -0.11%.

Telenet (16.74) plunged by 12.5%, due largely to the prospect of a dividend cut. Barco (23.00) on the other hand jumped by 6.3% after results.

Deceuninck (2.35) rose by 3.5% while Ontex (6.44) and Inclusio (16.00) moved up by 11.7% and 7.4%. Bekaert (30.66) and Engie (11.51) regained 2.2% and 2.7% respectively.

Nyxoah (10.02) and Sequana Medical (6.20) shot up by 12.4% and 20.6% respectively, while Oxurion (0.38) and MDxHealth (0.69) lost 3.6% and 2.1 %.

Around 4:30 p.m., the euro stood at 1.0234 USD, against 1.0238 in the morning and 1.0182 the day before. The value of an ounce of gold went down by $US 4.05 to $US 1,710.85 while bullion traded at around 53,745 euros, down 400 euros.


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